05/31/2016 Daily Comment: Markets were mixed today, as most of the Leaders on Page 1 & 2 are over-bought. The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'. Caution! Most Funds are back up in the Red … [Read more...]
Friday May 27, 2016
05/27/2016 Weekly Commentary: Markets were up 2% for the Week, as the Major Indices bounced off the Red Lines (50-day avgs). The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'. Caution! Most Funds are back … [Read more...]
Thursday 05/26/2016
05/26/2016 Daily Commentary: Markets stalled today, as many Funds are back up in the Red Zones (probably to late to Buy for the short term). The S&P 500 needs to exceed the April high soon, or this could be a big ‘Double Top’. See Chart here. … [Read more...]
Wednesday 05/25/2016
05/25/2016 Daily Commentary: Markets were up again today as the bounce off the Red Line (50-day average) continued. (See S&P Chart) Volume was light as the holiday approaches. Money Wave Buy on Wednesday for SYY … [Read more...]
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